External Board Evaluations

An article by Advanced Boardroom Excellence for the LexisNexis Company Secretary’s Review
Vol 37, No. 23, Published on 26 February 2014

Last month a new draft Code of Practice on independent external board evaluations was published. Seamus Gillen from Advanced Boardroom Excellence explains the reason for producing the draft Code, sets out the contents of the Code, and considers what will happen next.

"There is a perception, however, that the scope and service quality of evaluations, particularly those conducted by independent external consultants, is variable, and there is a concern about standards.

"Advanced Boardroom Excellence has produced a draft Code of Practice on board evaluation with the aim of starting a discussion to address and resolve this perceived lack of market confidence."